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of <h1>Finance Act 2015 amends Prevention of Money-Laundering Act: Special Court can restore property to legitimate claimants.</h1> Section 8 of the Prevention of Money-Laundering Act, 2002, was amended by the Finance Act, 2015. The amendment replaces the term 'Adjudicating Authority' with 'Special Court' in sub-section (3), clause (b). Additionally, a new sub-section (8) is introduced, allowing the Special Court to direct the Central Government to restore confiscated property to a legitimate claimant who has suffered a quantifiable loss due to money laundering, provided the claimant acted in good faith, took reasonable precautions, and was not involved in the money laundering offense.
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